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Banking Sector 2 Years on from Lehman Brothers

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Uploaded by on Sep 8, 2010

(www.abndigital.com)
Every year the banking world is unlikely to forget the month of September. It was on the 15th of September 2008 that Lehman Brothers filed for Chapter 11 bankruptcy protection. The bank that everyone thought was indestructible was about to fall apart. Now two years on, banks are trying to ensure that such a catastrophe never happens again. ABN's Mashudu Masutha reports from the inaugural banking summit recently held in Johannesburg.

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